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Month: December 2024
Ethereum long-term holders climbed in 2024 as Bitcoin holders fell
The number of long-term Ether holders steadily increased throughout 2024 while the number of Bitcoin holders fell over the last year, amid rising confidence in ETH heading into the new year. In a Dec. 30 … Ethereum long-term holders climbed in 2024 as Bitcoin holders fellRead more
US-listed Bitcoin, Ether ETFs tally $38.3B net inflows in launch year
United States spot Bitcoin exchange-traded funds racked up a staggering $35.66 billion in net inflows in 2024 — far exceeding early industry estimates, while the spot Ether ETFs finished strong, seeing net inflows of $349.3 … US-listed Bitcoin, Ether ETFs tally $38.3B net inflows in launch yearRead more
Top 5 Bitcoin critics unfazed by $100K BTC milestone
Bitcoin, the world’s largest cryptocurrency by market capitalization, is no stranger to criticism from economists, politicians, bankers and investors. Since its launch in 2008, Bitcoin (BTC) has been subject to countless hateful and skeptical reviews, … Top 5 Bitcoin critics unfazed by $100K BTC milestoneRead more
Binance Bitcoin reserves hit January levels — months before BTC jumped 90%
Bitcoin reserves on Binance, the world’s largest crypto exchange by trading volume, have dropped to levels not seen since January 2024, just two months before Bitcoin’s price skyrocketed 90% in March. If Bitcoin follows the … Binance Bitcoin reserves hit January levels — months before BTC jumped 90%Read more
Russia is free to use Bitcoin in foreign trade, says finance minister
Russia has been actively experimenting with digital financial assets (DFAs) in foreign trade in line with the country’s legislation, according to a senior government official. Russian Finance Minister Anton Siluanov discussed US dollar alternatives for … Russia is free to use Bitcoin in foreign trade, says finance ministerRead more
Bitcoin bull market over? ‘Decembear’ has only sent BTC price 2% lower
Bitcoin (BTC) has lost less than 2.5% in December as traders look toward the monthly and yearly candle close. BTC/USD 1-month chart. Source: Cointelegraph/TradingView BTC price down less than 2.5% in December Data from Cointelegraph … Bitcoin bull market over? ‘Decembear’ has only sent BTC price 2% lowerRead more
Metaplanet buys the dip with biggest-ever 620 Bitcoin buy
Japanese investment firm Metaplanet made its largest-ever Bitcoin purchase, scooping up almost 620 Bitcoin as the cryptocurrency trades below $100,000. On Dec. 23, Metaplanet announced that it had bought 619.7 Bitcoin (BTC) worth just under … Metaplanet buys the dip with biggest-ever 620 Bitcoin buyRead more
Bitcoin social sentiment drops to yearly low, signaling BTC breakout
Social sentiment around Bitcoin has hit its lowest point in 2024, which could signal an incoming recovery above the $100,000 mark for the world’s largest cryptocurrency. Bitcoin’s (BTC) price is currently down over 10% from … Bitcoin social sentiment drops to yearly low, signaling BTC breakoutRead more
BTC correction ‘almost done,’ Hailey Welch speaks out, and more…
Top Stories of The Week Hawk Tuah influencer speaks out after memecoin rug pull allegations Haliey Welch, the influencer behind the viral “Hawk Tuah” video clip, has released a statement after a memecoin bearing her … BTC correction ‘almost done,’ Hailey Welch speaks out, and more…Read more
Bitcoin dips to $92K in 'optimal dip-buying' move as PCE boosts crypto
Bitcoin (BTC) sought relief after the Dec. 20 Wall Street open as a giant leverage flush continued to punish late bulls. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView BTC price retests December lows in leverage wipeout Data … Bitcoin dips to $92K in 'optimal dip-buying' move as PCE boosts cryptoRead more
BTC reclaims $100K but weekly chart forming ‘bearish engulfing’ candlestick
Bitcoin reclaimed the key $100,000 psychological level shortly after it slipped below six figures, giving one crypto analyst reason for a short-term bearish view, while others dismissed the dip as routine. “Bitcoin is developing a … BTC reclaims $100K but weekly chart forming ‘bearish engulfing’ candlestickRead more
Double-digit drop in Bitcoin profit-taking metric hints that BTC is ‘ready’ to rally — Analyst
Bitcoin’s (BTC) price dropped below $105,000 after making a new all-time high of $108,365 on Dec. 17. The short-term drop occurred ahead of the United States Federal Reserves interest rate announcement on Dec. 18. Currently, … Double-digit drop in Bitcoin profit-taking metric hints that BTC is ‘ready’ to rally — AnalystRead more